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ARTICLE · 11 AUGUST 2023

Exploring R&D Opportunities Under The CHIPS Act

The CHIPS and Science Act (CHIPS Act), enacted in August of 2022, appropriated $52 billion to grow the semiconductor market—of which $11 billion will accelerate the next generation...

United StatesGovernment, Public Sector

TAKEAWAYS

  • $11 billion has been appropriated to the CHIPS Research and Development Office to advance research and development of semiconductor technologies by addressing major challenges facing the industry in collaboration with fabless semiconductor companies, among others.
  • The National Semiconductor Technology Center (NSTC) will, in addition to other activities, create an Investment Fund to help certain companies offset the cost of early-stage semiconductor development.
  • Companies designing new technologies for defense applications may find opportunities through the Department of Defense (DOD) Microelectronic Commons' lab-to-fab pathway—which will award a total of $1.63 billion in prototype project funding through FY 2027 to DOD-designated technology "Hubs" charged with advancing microelectronics development across six critical technology areas.

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